On July 27, Seiko Epson reported financial results for the first quarter of fiscal 2017, which ended on June 30. After many dismal quarters, Epson finally had something to boast about: across-the-board year-over-year growth in revenue, business profit, operating profit, and net profit. And the profit growth was strong indeed—Epson delivered business profit growth of

On July 27, Canon Inc. announced its financial results for the second quarter of 2017. It was the second straight quarter that Canon was able to post year-over-year growth in revenue, operating income, and net income. While the continued growth marks good news for Canon, the firm had an easy comparison as the second quarter

Ricoh Australia has alerted some customers of a data breach. So-called “run-up guides” used by Ricoh dealers to set up customers’ MFPs were exposed online. Online news organization GovInfoSecurity, which covers information security issues, reports that Ricoh Australia has contacted at least two dozen customers, including banks, government agencies, universities, and many large companies, to

On July 11, Ninestar Corporation announced the release of a new white paper, entitled Ninestar—Innovating Success. The company says that the goal of the paper was to provide “a detailed overview of how the company grew to be the market leader by consistently breaking new technical ground and being the first in the industry to

European Union (EU) regulators have been busy in recent weeks issuing fines. Last week, Google made news after EU regulators decided to levy a €2.4 billion ($2.7 billion) fine against the company for breaking antitrust laws by promoting its own services in shopping search results. Now, Canon may very well face an even bigger fine.

Another day, another chapter in Toshiba’s ongoing fight for survival. Last week, Toshiba missed a self-imposed deadline to agree to a bid for its flash memory chip unit and filed litigation against Western Digital for interfering in the bid process (see “Toshiba Misses Deadline on Chip Unit Sale Agreement, Files Litigation against Western Digital”). This

Print-Rite has announced a licensing agreement with Pelikan. Under the agreement, which became effective on July 1, Print-Rite has the exclusive rights to manufacture inkjet and toner cartridges using the Pelikan brand. Print-Rite’s press release states: Effective 1 July 2017 Print‐Rite will have the exclusive rights to manufacture high quality, unique patent safe cartridges using

On June 28, Staples announced that it has agreed to be acquired by Sycamore Partners for $6.9 billion. Staples has been exploring a sale of its business since April, talking to private-equity groups about a deal that would enable the embattled publicly-traded office-supplies retailer to go private. Staples’ share price has suffered after years of

Earlier this month, Actionable Intelligence reported that as of June 1, Ninestar Corporation’s shares had been suspended on the Shenzhen Stock Exchange (see “Ninestar Shares Suspended as Company Reorganizes and Sells Lexmark’s Enterprise Software Business”). As of June 28, the company’s shares have once again commenced trading. As we reported in our initial article, the

It has been a busy time for Ninestar Corporation as it reshapes itself following the acquisition of Lexmark by Apex Technology, PAG Asia Capital, and Legend last year (see “It’s a Done Deal: Apex Has Acquired Lexmark”). This month, trading of Ninestar shares on the Shenzhen Stock Exchange has been temporarily suspended as the company